EOS had seen the biggest losses out of the top 10 coins by market cap, losing 5.6% in 24 hours to press time and trading at just under $7.

Litecoin (LTC) is one of the only two coins to have gained value today, the other one being Tether (USDT). As of press time, Litecoin is up just a little over zero percent and is trading at around $77. On Tuesday, July 10, the LTC Foundation obtained a 9.9 percent stake in Germany’s WEG Bank AG via a strategic partnership deal with TokenPay.

While the crypto markets are suffering losses for the second day in a row, co-founder and president of crypto startup TenX Julian Hosp expressed optimism about Bitcoin today, claiming that he is still “quite confident” BTC would hit $60,000 in 2018.